Statistics & Impacts
Top lawsuit funding statistics acts for 2022
Pre settlement funding for FELA lawsuits.
If you need cash to pay bills while waiting for your FELA lawsuit to settle, Alliance Claim Funding has fast cash solutions. Once your case is filed, it’s a perfect time to apply so you can get the cash you need now, when you need it most.
FELA lawsuit cash advance
FELA pre settlement loans
The compensation that is collected in a FELA case is usually for expenses related to medical costs, lost wages, inability to work and pain and suffering. A FELA case is handled differently than a workers compensation claim as the cases are heard by a jury. Due to the complex nature of FELA cases these types of lawsuit can take a long time to settle. While there are a wide variety of FELA injuries here are few commonly seen: mental anguish, risk to health, repetitive motion disorder, brain and head trauma, asbestos exposure, burns, loss of limbs, soft tissue, and many more.
We Provide Lawsuit Funding In 39 States
We make reliable lawsuit funding solutions for plaintiffs that address your urgent financial needs.
- There are No employment or credit checks required
The lawsuit advance is based only on your lawsuit.
- You will not have monthly payments
While you wait for your settlement.
- No out of pocket expenses
All fees are recovered in your settlement.
If you don’t find your answer, feel free to give us a call 888-732-3389
FELA (the Federal Employers’ Liability Act) grants workers on railroads the right to seek compensation if they are injured due to employer negligence. These cases can take months or even years to resolve, and many plaintiffs find themselves facing significant financial hardships in the interim. That’s where FELA lawsuit funding comes in. It provides an advance on a plaintiff’s expected award so that they can stay afloat until the case is settled.
FELA lawsuit funding is available from a variety of sources, such as banks, lenders, and third-party companies that specialize in pre-settlement funding for plaintiffs. To qualify for this type of loan, you must have an active case pending and be represented by an attorney who has experience with FELA lawsuits. Depending on your individual circumstances, you may be able to receive up to $100,000 in advance funds while you wait for your case to be resolved.
The biggest benefit of using this type of loan is that it allows you access to needed funds without having to wait 12 months or longer for your case to be resolved. By taking out this type of loan, you will also avoid incurring additional debt or having your credit score affected by taking out a traditional loan from a bank or other lender. Finally, there are no upfront costs associated with obtaining pre-settlement funding – all fees will only be charged once the settlement has been awarded and paid out.
At Alliance Claim Funding, we understand how important FELA lawsuits can be for an injured worker – not just financially, but emotionally as well. That’s why we are dedicated to making the FELA lawsuit funding process as simple and straightforward as possible. Our experienced FELA case funding specialists will be there with you throughout your entire journey, from the initial application process to providing best-in-class customer service and answering any questions you may have along the way. So no matter what challenges the FELA lawsuit brings your way, we’ll be there supporting you every step of the way.